Caixa Económica Montepio Geral

Caixa Económica Montepio Geral (CEMG) is a bank savings bank that comes under the trade name of Banco Montepio.
Founded in 1844 as an annex to Montepio Geral - Associação Mutualista, Caixa Económica Montepio Geral (“CEMG”) is a credit institution that, under Decree-Law No. 190/2015, takes the form of bank savings. The result of the same law was the obligation to transform CEMG into a public limited company.

Banco Montepio's share capital, initially fully subscribed by Montepio Geral - Associação Mutualista, has since 99 December 2018 held 99.99% of this association, and the remaining capital is dispersed by about 40 social economy entities. holders of less than 0.1% of Banco Montepio's share capital.

Banco Montepio holds a set of equity interests in entities that not only allow for a comprehensive and diversified offering of banking and financial products and services, but also contribute their results for mutual purposes. In this context, the Banco Montepio Group is positioned as a diversified banking and financial group aligned with its mutualistic nature and purposes that give it unique characteristics and a unique position in the sectors of activity in which it operates and in Portuguese society.